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Further £650 million funding boost for Covid-19 response in Wales

UK Government provides devolved administration in Wales with additional £650 million to help tackle coronavirus Funding can be spent now or carried over to spend in 2021/22 financial year, providing vital and unprecedented flexibility Money is in addition to the £5.2 billion already provided for this year through the upfront Barnett guarantee, bringing the total to £5.85 billion The UK Government has provided the Welsh Government with an additional £650 million to support people, businesses and public services affected by coronavirus. This funding brings the total allocated through the Barnett formula to the Welsh Government since the start of the pandemic to £5.85 billion. In recognition of the exceptional circumstances and in response to calls for flexibility, the Welsh Government will be able to carry over any of the £650 million not spent this year into the 2021/22 financial year on top of their existing tools to transfer funding between years.

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